North Atlantic Drilling Ltd reports that six binding offshore contracts have been executed with Rosneft Oil Co. The total revenue potential for the six contracts, exclusive of mobilization, is $4.25 billion.

AWE Ltd provided its 2Q 2014 production and development update.

The Cotemar group has confirmed that Prosafe’s Safe Hibernia has been awarded a contract extension through to Dec. 23 with an unchanged day rate.

BG Group has agreed to take a 30% stake in an exploration block offshore Aruba, subject to approval from state-owned Compania Arubano di Petroleo.

Gulf Drilling International (GDI) has awarded two contracts with a total value of $110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a shipyard joint venture between Nakilat and Singapore’s Keppel Offshore & Marine.

Gulf Marine Services has secured 12-month contract extensions for two of its small class self-elevating support vessels (SESV) in the Middle East/North Africa (MENA) region.

The Norwegian Petroleum Directorate has granted Statoil ASA a drilling permit for wellbore 7324/9-1, situated in production license 614.

Carnarvon Petroleum Ltd. reports that gas and indications of associated liquid hydrocarbons were observed in the Phoenix South-1 well, offshore Western Australia.

Saipem has won four offshore drilling contracts with a total value of $540 million.